Noda Balance Sheet Health
Financial Health criteria checks 6/6
Noda has a total shareholder equity of ¥41.5B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are ¥75.1B and ¥33.5B respectively. Noda's EBIT is ¥1.9B making its interest coverage ratio -24.1. It has cash and short-term investments of ¥23.8B.
Key information
28.7%
Debt to equity ratio
JP¥11.92b
Debt
| Interest coverage ratio | -24.1x |
| Cash | JP¥23.78b |
| Equity | JP¥41.53b |
| Total liabilities | JP¥33.53b |
| Total assets | JP¥75.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7879's short term assets (¥47.1B) exceed its short term liabilities (¥23.9B).
Long Term Liabilities: 7879's short term assets (¥47.1B) exceed its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: 7879 has more cash than its total debt.
Reducing Debt: 7879's debt to equity ratio has reduced from 34.8% to 28.7% over the past 5 years.
Debt Coverage: 7879's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 7879 earns more interest than it pays, so coverage of interest payments is not a concern.